Michael Saylor Wants You to Go Into Debt to Buy Bitcoin (Plus, BTC Mortgages)

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Welcome back to Bitcoin Season 2! Today, Charlie and Colin break down Michael Saylor’s Bitcoin Prague keynote where he tells people to leverage it all for bitcoin – including borrowing from family members (what could go wrong?). Plus, the FHFA’s directive ordering Fannie Mae and Freddie Mac to recognize crypto as legitimate assets for mortgages, a new Bitcoin stablecoin launch, and the weird on-chain “clocking in” game that’s creating the only regular fees on Bitcoin right now.

NOTES:

• Bitcoin trading at $107,000-$108,000

• Michael Saylor’s BTC Prague Keynote: Debt for BTC

• FHFA order for recognition of crypto as an asset for mortgages

• Transaction fees only 2 sats per byte  

• Tether market cap at $157 billion

• Crypto market cap over $3 trillion total

• Bitcoin market cap over $2 trillion

• People clocking in 30+ days straight

Timestamps:

00:00 Start

02:10 Saylor says leverage = good

11:37 Bill Putle BTC as loan backing

20:18 Stablecoins on BTC

29:16 Make sure you clock in!

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